Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$422M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$411M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$351M |
| 4 |
Pfizer
PFE
|
+$331M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$319M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.28B |
| 2 |
Meta Platforms (Facebook)
META
|
+$989M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$953M |
| 4 |
Amazon
AMZN
|
+$816M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$782M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.06% |
| 2 | Consumer Discretionary | 1.41% |
| 3 | Healthcare | 0.83% |
| 4 | Financials | 0.79% |
| 5 | Industrials | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3201
CALL
QuidelOrtho
QDEL
$981M
| $6.71M | ﹤0.01% |
91,100
-49,100
| -35% | -$3.32M |
|
3202
HF Sinclair
DINO
$16.7B
| $6.71M | ﹤0.01% |
120,802
+68,204
| +130% | +$3.72M |
|
3203
PAR Technology
PAR
$788M
| $6.71M | ﹤0.01% |
154,178
-71,525
| -32% | -$2.69M |
|
3204
CALL
MACOM Technology Solutions
MTSI
$24.2B
| $6.71M | ﹤0.01% |
72,200
-13,300
| -16% | -$1.09M |
|
3205
Teledyne Technologies
TDY
$31.5B
| $6.71M | ﹤0.01% |
15,036
-6,835
| -31% | -$2.74M |
|
3206
JPMorgan Limited Duration Bond ETF
JPLD
$3.96B
| $6.71M | ﹤0.01% |
132,520
+76,495
| +137% | +$3.83M |
|
3207
PUT
Biomea Fusion
BMEA
$95.7M
| $6.71M | ﹤0.01% |
461,800
+435,100
| +1,630% | +$5.29M |
|
3208
CALL
ProShares UltraPro Short Dow 30
SDOW
$186M
| $6.69M | ﹤0.01% |
91,000
-11,525
| -11% | -$1.08M |
|
3209
PUT
Liquidia Corp
LQDA
$6.66B
| $6.69M | ﹤0.01% |
555,800
+360,200
| +184% | +$2.59M |
|
3210
CALL
H&R Block
HRB
$6.83B
| $6.68M | ﹤0.01% |
138,200
-58,600
| -30% | -$2.61M |
|
3211
CMS Energy
CMS
$22.3B
| $6.68M | ﹤0.01% |
115,010
-260,200
| -69% | -$14.5M |
|
3212
PUT
Nordic American Tanker
NAT
$1.42B
| $6.68M | ﹤0.01% |
1,589,800
+649,000
| +69% | +$2.76M |
|
3213
CALL
Regal Rexnord
RRX
$11.7B
| $6.68M | ﹤0.01% |
45,100
+24,700
| +121% | +$3.12M |
|
3214
Northern Oil and Gas
NOG
$2.61B
| $6.67M | ﹤0.01% |
180,049
+129,111
| +253% | +$4.88M |
|
|
ONC
3215
PUT
BeOne Medicines Ltd
ONC
$39.3B
| $6.67M | ﹤0.01% |
37,000
+17,700
| +92% | +$3.2M |
|
3216
CALL
Canadian National Railway
CNI
$76.7B
| $6.67M | ﹤0.01% |
53,100
-73,900
| -58% | -$8.37M |
|
3217
iShares MSCI Australia ETF
EWA
$1.45B
| $6.65M | ﹤0.01% |
273,395
+181,914
| +199% | +$4.03M |
|
3218
PUT
American Water Works
AWK
$27.1B
| $6.65M | ﹤0.01% |
50,400
-25,000
| -33% | -$3.15M |
|
3219
CALL
FTI Consulting
FCN
$4.19B
| $6.65M | ﹤0.01% |
33,400
+30,800
| +1,185% | +$6.37M |
|
3220
Suncor Energy
SU
$77B
| $6.65M | ﹤0.01% |
207,436
+171,643
| +480% | +$5.6M |
|
3221
CALL
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.54B
| $6.64M | ﹤0.01% |
462,600
-807,700
| -64% | -$11.3M |
|
3222
PUT
Vista Energy
VIST
$7.56B
| $6.63M | ﹤0.01% |
224,700
+162,500
| +261% | +$4.79M |
|
3223
iShares Currency Hedged MSCI Japan ETF
HEWJ
$766M
| $6.63M | ﹤0.01% |
189,861
+170,952
| +904% | +$5.92M |
|
3224
Tecnoglass Holdings
TGLS
$1.86B
| $6.62M | ﹤0.01% |
144,928
+26,056
| +22% | +$942K |
|
3225
First Majestic Silver
AG
$9.49B
| $6.62M | ﹤0.01% |
1,076,814
-553,931
| -34% | -$3.05M |
|
Similar funds
Susquehanna International Group's Q4 2023 Portfolio in Review
As of Q4 2023, Susquehanna International Group held 13,823 positions worth $525B, up 9.3% from $481B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q4 2023 filing shows 1,903 new, 5,066 increased, 5,122 reduced and 1,577 closed positions. Its largest new stake was Vanguard Emerging Markets Government Bond ETF: 471,007 shares worth $30M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $4.28B.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, down from 2.4% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Susquehanna International Group's largest Q4 2023 buy was Vanguard Emerging Markets Government Bond ETF: 471,007 shares worth $30M.
- Susquehanna International Group added most to Alibaba in Q4 2023, an estimated $422M increase.
- Susquehanna International Group's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $4.28B.
- Susquehanna International Group fully exited VMware, Inc in Q4 2023, selling an estimated $313M.
- Susquehanna International Group's ten largest holdings make up 24% of its $525B portfolio in Q4 2023.
- Susquehanna International Group opened 1,903 new positions and closed 1,577 in Q4 2023.
- Susquehanna International Group's portfolio value rose 9.3% quarter-over-quarter to $525B.
Based on Susquehanna International Group's 13F filing for Q4 2023, filed 14 Feb 2024.